ONDO.L vs. NEAR-USD

Last updated Jul 21, 2026

ONDO.L (Ondo InsurTech plc) is a stock, while NEAR-USD (NEAR Protocol) is a cryptocurrency. Over the past 3 years, ONDO.L returned -38.91%/yr vs 8.84%/yr for NEAR-USD. At a correlation of -0.04, they often move in opposite directions.

Performance

ONDO.L vs. NEAR-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Ondo InsurTech plc (ONDO.L) and NEAR Protocol (NEAR-USD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ONDO.L is traded in GBp, while NEAR-USD is traded in USD. To make them comparable, the NEAR-USD values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, ONDO.L achieves a -64.14% return, which is significantly lower than NEAR-USD's 32.35% return.

ONDO.L

• 1D: -2.50%
• 1M: 168.97%
• 6M: -55.17%
• YTD: -64.14%
• 1Y: -70.57%
• 3Y*: -38.91%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -8.08%

NEAR-USD

• 1D: 4.28%
• 1M: -10.18%
• 6M: 24.94%
• YTD: 32.35%
• 1Y: -33.11%
• 3Y*: 8.84%
• 5Y*: 2.29%
• 10Y*: —
• ALL TIME*: 2.29%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ONDO.L vs. NEAR-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ONDO.L Ondo InsurTech plc	-64.14%	-45.62%	74.92%	246.78%	-36.48%	-12.50%
NEAR-USD NEAR Protocol	32.35%	-71.33%	37.44%	169.74%	-90.23%	572.51%

Correlation

The correlation between ONDO.L and NEAR-USD is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
Correlation (All Time) Calculated using the full available price history since Jul 28, 2021	-0.04

Return for Risk

ONDO.L vs. NEAR-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ONDO.L

ONDO.L Risk / Return Rank: 17
ONDO.L Sharpe Ratio Rank: 18
ONDO.L Sortino Ratio Rank: 23
ONDO.L Omega Ratio Rank: 19
ONDO.L Calmar Ratio Rank: 15
ONDO.L Martin Ratio Rank: 11

NEAR-USD

NEAR-USD Risk / Return Rank: 83
NEAR-USD Sharpe Ratio Rank: 81
NEAR-USD Sortino Ratio Rank: 85
NEAR-USD Omega Ratio Rank: 84
NEAR-USD Calmar Ratio Rank: 81
NEAR-USD Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ONDO.L vs. NEAR-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ondo InsurTech plc (ONDO.L) and NEAR Protocol (NEAR-USD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ONDO.L	NEAR-USD	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	-0.34	-0.25
Sortino ratio: Return per unit of downside risk	-0.48	0.10	-0.58
Omega ratio: Gain probability vs. loss probability	0.91	1.01	-0.10
Calmar ratio: Return relative to maximum drawdown	-0.77	-0.47	-0.29
Martin ratio: Return relative to average drawdown	-1.32	-0.78	-0.55

ONDO.L vs. NEAR-USD - Sharpe Ratio Comparison

The current ONDO.L Sharpe Ratio is -0.59, which is lower than the NEAR-USD Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of ONDO.L and NEAR-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ONDO.L vs. NEAR-USD - Drawdown Comparison

The maximum ONDO.L drawdown since its inception was -92.89%, roughly equal to the maximum NEAR-USD drawdown of -95.23%. Use the drawdown chart below to compare losses from any high point for ONDO.L and NEAR-USD.

Drawdown Indicators

	ONDO.L	NEAR-USD	Difference
Max Drawdown Largest peak-to-trough decline	-92.89%	-95.23%	+2.34%
Max Drawdown (1Y) Largest decline over 1 year	-91.71%	-69.91%	-21.80%
Max Drawdown (3Y) Largest decline over 3 years	-92.89%	-89.85%	-3.04%
Max Drawdown (5Y) Largest decline over 5 years	—	-95.23%	—
Current Drawdown Current decline from peak	-80.88%	-89.95%	+9.07%
Average Drawdown Average peak-to-trough decline	-40.52%	-69.22%	+28.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.43%	41.22%	+12.21%

Volatility

ONDO.L vs. NEAR-USD - Volatility Comparison

Ondo InsurTech plc (ONDO.L) has a higher volatility of 63.39% compared to NEAR Protocol (NEAR-USD) at 17.39%. This indicates that ONDO.L's price experiences larger fluctuations and is considered to be riskier than NEAR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ONDO.L	NEAR-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	63.39%	17.39%	+46.00%
Volatility (6M) Calculated over the trailing 6-month period	129.93%	67.89%	+62.04%
Volatility (1Y) Calculated over the trailing 1-year period	119.29%	81.02%	+38.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.77%	91.52%	-1.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.77%	98.75%	-8.98%

Frequently Asked Questions

Can I hold both ONDO.L and NEAR-USD in my portfolio?

ONDO.L and NEAR-USD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.